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Yahoo Finance – China Evergrande’s $300 billion debt causes concerns about a potential collapse

Summary:
The CPC will soon tame the Evergrande collapse without much problem, says Ed Yardeni. Also, he says how the central bankers learnt a lot in 2008, so were able to keep the economy going during this pandemic.Ed Yardeni, Research President and Chief Investment Strategist, talks the implications of China Evergrande's potential collapse[embedded content]https://youtu.be/Edbd3db_uDY

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The CPC will soon tame the Evergrande collapse without much problem, says Ed Yardeni. 


Also, he says how the central bankers learnt a lot in 2008, so were able to keep the economy going during this pandemic.


Ed Yardeni, Research President and Chief Investment Strategist, talks the implications of China Evergrande's potential collapse




https://youtu.be/Edbd3db_uDY


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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